Wedbush Initiates Trex With Neutral

Analysts at Wedbush initiated coverage on

with a Neutral rating. The target price for Trex is set to $52. Trex shares have gained 46.22% over the past 52 weeks, while the S&P 500 index has surged 12.54% in the same period. Trex shares jumped 1.31% to close at $53.43 yesterday.